Essay should contains a clear argument-- i.e

For a essay assignment,

1. Essay should contains a clear argument-- i.e., lets me know exactly what you want to say. Your argument should be related the questions I gave.

2. Essay should provide compelling and accurate evidence that convinces me to accept main argument.The importance/relevance of all pieces of evidence is clearly stated.There are no gaps inreasoning —i.e., I do not need to assume anything or do additional research to accept main argument.

3. Yourarguments should be shown in the first part of the writing. Then you can discuss more later.

4. You should directly address main question or issue, and add new insight to the subject not provided in lectures, readings, or class discussions. You are able to synthesize this knowledge in new ways and relate to material not covered in the course.

Assig 3:

Please read the Graham etal. and discuss why and how management forecast can destroy firm value.

Why are managers willing to give up the options that increase firm value?